On January 19, 2025, gold prices dropped slightly. 24-carat gold is ₹8,128.3 per gram, and silver is ₹99,600 per kg.
New Delhi, Digital Desk || On January 19, 2025, gold prices saw a slight decline. The price of 24-carat gold in India is ₹8,128.3 per gram (10 grams of 24 carat gold price was at Rs.81283.0 in Delhi), reflecting a drop of ₹170.0. Meanwhile, the price of 22-carat gold is ₹7,452.3 per gram (10 grams of 22 carat gold price was at Rs.74523.0 in Delhi), down by ₹160.0.
Over the past week, the price of 24-carat gold has decreased by 1.23%, and in the last month, it has fallen by 4.75%. The current price of silver in India is ₹99,600.0 per kilogram, showing a decrease of ₹100.0 per kilogram.
Factors Affecting Gold & Silver Prices
Gold and silver prices are subject to fluctuations due to various domestic and international factors. Key influences include:
- Worldwide demand for gold and silver plays a major role in determining their prices.
- Changes in the value of currencies, especially the US dollar, can influence the attractiveness of gold and silver as investments.
- Higher interest rates can reduce the appeal of gold and silver as they do not yield interest income.
- Policies and regulations related to the gold and silver trade can affect their prices.
- Economic conditions, geopolitical developments, and other global factors can impact demand for and prices of precious metals.
- Jewelers, with their industry expertise, provide valuable insights into market trends and potential price movements.
Note: This AI-generated story has not been edited by SPTVNews staff
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